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China began rolling back measures that had propped up the yuan, scrapping a 20 percent reserve requirement on yuan forward trades and removing a reserve requirement on yuan deposits for foreign banks. The yuan has risen 6.7 percent against the dollar this year, reversing last year's losses.
Easing these curbs makes it cheaper to buy dollars and sell yuan, which may limit further yuan gains and affect the cost of dollar-priced grain imports. The change is a currency policy adjustment with limited direct effect on feed prices.
cnbc.comSophia Yan2017/09/11過去の中立な政策イベント42件の後、中国人民元(1 USDあたりCNY) は5営業日で中央値 -0.0% 動き（50% が上昇。中央50%は -0.3% から +0.4%）、20営業日では -0.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Scrapping the 20% FX forward reserve requirement on 2017-09-11 removed a measure that had propped up the yuan, a same-day policy change that plausibly contributed to the sharp currency move.
